Anything that pumps 20x in a few hours on a centralized exchange is very suspicious to me. If its a shitcoin pumping on a dex, it makes sense, but not on a cex Especially when it has a market cap over 10M before the pump and now has a market cap of 150M++. No one knows why its pumping, as its official website has not been updated for a long time. Suspiciously, the coin is almost exclusively tradable on Binance and binance did not delist even though the project is basically dead for a few years. This definitely looks like those pump and dump groups are active again and are now pumping shitcoins to dump on retail? thats my guess at least because I cant find any other explaination for the insane pump currently. Edit: This shitcoin is currently at $9! 5000% with the pump hitting $13 not long ago. If i bought this shitcoin instead of writing the post, i wouldve done a quick 2x. WTF is going on [link] [comments] |
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